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Economy

Current account surplus down by $25m year-over-year

The 2023 Q2 Balance of Payments and International Investment Position publication was prepared by the Department of Statistics

The 2023 Q2 Balance of Payments and International Investment Position publication was prepared by the Department of Statistics

• Jan 16, 2024 4:08 PM

Economy

Value of imports was $1.2bn in 2022

Food, beverages and tobacco was the largest commodity group as it comprised 21 per cent of total imports at $256 million

Food, beverages and tobacco was the largest commodity group as it comprised 21 per cent of total imports at $256 million

• Jan 15, 2024 6:00 PM

Economy

Bermuda’s surplus on trade $309m in Q1

The surplus on Bermuda’s primary income account fell by $43 million to $564 million, due mainly to a decrease in investment income

The surplus on Bermuda’s primary income account fell by $43 million to $564 million, due mainly to a decrease in investment income

• Aug 13, 2023 8:00 AM

Economy

Bermuda’s surplus on trade falls to $161m

The decrease in the surplus balance reflects declines in the business services account and transportation account balance

The decrease in the surplus balance reflects declines in the business services account and transportation account balance

• May 24, 2023 7:57 AM

Economy

Bermuda’s trade surplus climbs to $206m in third quarter

The third quarter trade surplus was up $41 million from the same period a year ago

The third quarter trade surplus was up $41 million from the same period a year ago

• Feb 23, 2023 7:50 AM

Economy

Bermuda’s second-quarter trade surplus was $313m

Balance of payments figures released by the Government show a current account surplus of $313 million in the second quarter of 2021 — a $37 million increase yea...

Balance of payments figures released by the Government show ...

• Nov 10, 2021 7:45 AM

Economy

First quarter balance of payments surplus rises

Bermuda recorded a first quarter 2021 balance of payments surplus nearly $100 million higher than for the same period the year before, Minister for the Cabinet ...

Bermuda recorded a first quarter 2021 balance of payments su...

• Aug 27, 2021 7:53 AM

Economy

Balance of payments rises as imports fall in fourth quarter

Bermuda’s trade surplus rose by $20 million to $248 million in the fourth quarter of 2020, but imports of goods and services dropped compared to the same Octobe...

Bermuda’s trade surplus rose by $20 million to $248 million ...

• May 31, 2021 7:53 AM

Economy

Imports slumped as pandemic restrictions kicked in

Imports slumped by more than $150 million in the second quarter of last year as the pandemic sparked economic turmoil, figures released today by the Bermuda Gov...

Imports slumped by more than $150 million in the second quar...

• Feb 12, 2021 4:32 PM

Economy

Imports rise as surplus narrows

Bermuda’s surplus in economic transactions with the rest of the world narrowed to $204 million in the first quarter of this year. One of the drivers of the $116...

Bermuda’s surplus in economic transactions with the rest of ...

• Aug 26, 2019 8:00 AM

Economy

Island’s balance of payments surplus narrows

Bermuda recorded a $198 million surplus in its economic transactions with the rest of the world in the fourth quarter of last year. The surplus narrowed by $75 ...

Bermuda recorded a $198 million surplus in its economic tran...

• May 03, 2018 1:00 AM

Economy

Island’s tourism receipts soar 20%

A sharp increase in tourism revenues helped to support Bermuda’s current account surplus in the third quarter of last year, even as reinsurance receipts fell. T...

A sharp increase in tourism revenues helped to support Bermu...

• Jan 25, 2017 12:00 AM

Economy

Bermuda’s trade surplus narrows

Bermuda’s current-account surplus narrowed in the first quarter mainly due to a slump in investment income. The island recorded a surplus of $121 million in the...

Bermuda’s current-account surplus narrowed in the first quar...

• Aug 09, 2016 1:00 AM

Economy

Low oil price boosts current-account surplus

Bermuda’s current account recorded a surplus of $224 million in the third quarter of last year. The figure represented a $62 million increase compared to the sa...

Bermuda’s current account recorded a surplus of $224 million...

• Jan 06, 2016 12:00 AM

Economy

Current account surplus rises

Bermuda’s current account recorded a surplus of $215 million in the second quarter of the year, according to the latest Government statistics. The figure was $1...

Bermuda’s current account recorded a surplus of $215 million...

• Nov 16, 2015 12:00 AM

Economy

Trade surplus widens as imports slump

The value of imported goods fell 1.4 per cent to $217 million in the first quarter of the year. The latest Government balance of payments statistics show that t...

The value of imported goods fell 1.4 per cent to $217 millio...

• Aug 11, 2015 1:00 AM

Economy

Imports increase as Island’s trade surplus narrows

The value of Bermuda’s imports grew 9.4 percent to $258 million during the third quarter, and business services were also up by $4 million, The Department of St...

The value of Bermuda’s imports grew 9.4 percent to $258 mill...

• Dec 20, 2013 7:00 AM

Economy

"BoP figures highlight slowdown in economic activity"

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• Aug 31, 2012 6:00 AM

Other

"Imports fall for third year in a row as demand sinks"

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• Apr 18, 2012 8:25 AM